The Big Beautiful Bill is making waves, and if you own a home in Ventura County or are thinking about buying, you’ll want to pay attention. The changes could mean more money in your pocket… or a higher bill in the near future.
1. SALT Deduction Cap Gets a Big Boost
One of the most talked-about updates is the increase to the SALT (State and Local Tax) deduction cap.
Old cap: $10,000
New cap: $40,000
Who qualifies: Anyone earning under $500,000 per year
That’s up to four times more in potential write-offs. And in Ventura, Camarillo, and Oxnard, where property taxes can run high, this could mean thousands of dollars in annual savings for many homeowners.
For buyers, this change could help stretch your budget by lowering your effective tax burden, potentially making that dream home a little more attainable.
2. The Federal Solar Tax Credit Is Ending
Now for the not-so-great news: the 30% federal solar tax credit is set to expire on January 1, 2026.
This credit currently applies to:
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Solar panels
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Solar shingles
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Battery storage systems
Losing it means higher upfront costs and a slower return on investment for going green. If you’ve been considering a solar installation, you may want to move sooner rather than later.
3. What This Means for Ventura County
Whether you’re buying, selling, or simply planning ahead, these changes have real implications for your bottom line. The SALT deduction boost could ease some financial pressure for higher-income households, while the loss of the solar credit might push some homeowners to act before the deadline.
💡 Bottom line: Staying informed on policy changes like this is key to making smart real estate decisions in Ventura County.
If you’d like to know how these updates specifically affect your buying power, selling strategy, or long-term homeownership costs, I’m happy to walk you through the numbers.
📩 Contact me here to set up a quick, no-obligation consultation.
